Bahrain’s Domestic Minimum Top-Up Tax on Multinational Enterprises The Kingdom of Bahrain has now enacted Decree Law 11 of 2024, a landmark fiscal policy measure which introduces a 15% Domestic Minimum Top-Up Tax (DMTT) on certain Bahraini entities within large multinational enterprise (MNE) groups. Bahrain thus joins the **OECD's Global…
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UN General Assembly’s new convention to prevent and combat cybercrime Given the growing interconnectedness of the world, cybercrime has emerged as perhaps one of the most serious threats to global security, economic stability, and social well-being. Governments, businesses, and individuals feel the growing pressure of the rise in cybercrime at incredible speed,…
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Recent Developments in India's Corporate & Commercial Laws India has experienced a series of transformative changes in its corporate and commercial legal landscape, reflecting its evolving economic, social, and technological context. These reforms are aimed at ease of doing business, regulatory compliance, and sustainable economic growth. Here's a comprehensive look…
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UN Conference on Space law and Policy The exploration and utilization of outer space have become increasingly pivotal in addressing global challenges and advancing sustainable development. Recognizing this importance, the United Nations Office for Outer Space Affairs (UNOOSA) has taken the lead in fostering international cooperation through its capacity-building initiatives.…
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Saudi Arabia's Updated Laws on Commercial Registration and Trade Names In a significant step to develop the business ecosystem in Saudi Arabia, the Council of Ministers adopted two landmark legislations on 17 September 2024: the Commercial Registration Law and the Trade Name Law, both of which have been referred to…
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Oman’s New Media Law The Sultanate of Oman has been one step forward in modernizing media development by coming out with a new media law issued under Royal Decree No. 58/2024. Officially, this law became in force on November 11, 2024, and is intended to consolidate and supersede the existing…
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Juvenile Laws in the UAE Juvenile delinquency is a social concern that governments globally strive to respond to with both sensitivity and equity, balancing requirements for justice, rehabilitation, and child welfare. In the UAE, the juvenile delinquents' legal framework reflects an advanced approach focusing on reforming and rehabilitating minors while…
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Amendments to Kuwait's Citizenship Law Kuwait recently underwent major legislative amendments to its citizenship laws, which express the shifting social-political situation and national interest. The decree-law No. 116 of 2024, published in the official gazette Kuwait Alyoum, amends key aspects of Amiri Decree No. 15 of 1959 on Nationality. The…
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Oman's Social Protection Law Royal Decree 52/2023, Oman, issued on July 19, 2023, has been a momentous step forward in the implementation of universal social security throughout the Sultanate. With the technical assistance of the International Labour Organization (ILO), this is a landmark law that establishes an all-encompassing framework of…
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New Sharjah’s Executive Council Resolution No. 31 of 2024 The government has made Executive Council Resolution No 31 of 2024 of October 1st this year for creating a comprehensive new legal system regulating, supervising and offering family businesses opportunities to exist and contribute positively towards being successful economic backbone within…
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Recent Updates to Saudi Arabia’s Essential Cybersecurity Controls Cybersecurity constitutes a most basic aspect of national security and economic prosperity, as nations are in a hurry to transform digitally. Saudi Arabia continues to remain fully committed to the safeguarding of its digital infrastructure with its continued Vision 2030. The National…
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UAE Bankruptcy Law The Financial Reorganisation and Bankruptcy Law by Federal Decree Law No. 51 of 2023 (the "Bankruptcy Law"), that comes into effect from May 1, 2024, brings about a whole new dimension to the legal and financial governance in the UAE. The Executive Regulation that the UAE Cabinet…
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The Impact of Artificial Intelligence on Legal Practice in the Middle East The legal sector in the Middle East is changing rapidly, driven by technology and, in particular, Artificial Intelligence. Countries in the region, such as the UAE, Saudi Arabia, and Qatar, are now taking positions as global leaders in…
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Corporate Governance in Qatar: Aligning with International Standards Corporate governance is more than a regulatory requirement; it is the strategic frame that ensures the ethical, transparent, and accountable management of organizations. In Qatar, corporate governance has become central to achieving the nation's goal of sustainable growth and economic diversification. As…
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